Two Beneficiaries of Shopify Success

The success of Shopify is really making it in the news today especially after they went public last month. The Canadian-based e-commerce company, founded in the year 2004 is considered one of Ottawa’s fastest-growing company as it provides a service that helps online stores operate successfully.

Shopify’s success is no doubt benefitting two entities nowadays. One, it benefits all people who are planning to start a business online. Shopify aims to help online marketers showcase their business online or create an online store where customers can visit, view their products and shop from the comfort of their own homes. The success of Shopify is owing to the company’s great features such as an easy to navigate online store and very attractive store templates. In other words, the company makes online business possible for everyone.

Another thing is, the trend of online shopping is becoming more and more popular these days. The public is suddenly waking up to the fact that no matter where they are located, they can easily do shopping from the internet. This trend makes the company more and more in demand as more and more entrepreneurs choose this kind of business venture, thereby, contributing to its success.

Two, investors can also greatly benefit from Shopify’s success. Since the company is one of Ottawa’s fastest-growing, there is no doubt that when you invest or buy a share from this company, you will be getting great returns on your investment. As a matter of fact, since the company went public last May, it defeated Canadian banks when it comes to stocks and estimated returns for CEO’s stake reached almost 300 million dollars. This means that if you invest in this successful company, you could also double your earnings.

Technology is also said to be a fastest-growing industry in general, which is why it’s not a surprise that Shopify will reap success and make its two main beneficiaries happier.